Customer Reviews

Statistical Techniques in Business and Economics with Student CD

5 star:		(12)
4 star:		(5)
3 star:		(5)
2 star:		(0)
1 star:		(3)

 

 

Statistical Techniques in Business and Economics by Lind, Marchal, and Wathen was my second statistical book, so I did have something to compare it against. My first statistics class used Business Statistics by David Levine. I found this book here to be easier to understand. One thing to keep in mind apparently is that different books teach the Z tables differently. The Levine book had taught them as cumulative tables. This book here teaches them as distance-from-the-mean. So that was confusing to realize at first, that the exact same nomenclature and exact same references were to two fairly different systems. If you are taking a class with a professor make sure you know which way the professor is intending to teach that material and choose a book (or supplementary book) that matches his or her style.

This book comes with a CD, but I didn't use it at all for the class, and I never had any issues. So while the CD might be helpful for some, it by no means is necessary to learn the material. Also the book fairly heavily promotes Connect, an online for-pay teaching system. There are Connect exercises everywhere in the book. I didn't use Connect either and again it did not impede my learning. So certainly people can use those extra systems but they are not necessary.

The examples were helpful and the graphics did a good job of illustrating the points.

I think the only time our class got tripped up by the book was in the discussion of analysis of variance, chapter 12. In this section it says, page 404, that "as the values of X increase, the F distribution ..." X had never been mentioned as a variable up until this point except as a mean. Then on page 405 you can see X in the formulas for the two standard deviations. So some students thought this was the X that the instructions were talking about. However, the book was actually talking about the *x axis value* (i.e. the F). On the slides that accompany this chapter the exact same sentence is given but with F instead of X. So I do think the book could use some editing to help situations like that be more clear. If nothing else the book's slides should match its text content.

Still, as long as you keep your eyes open for issues like that in general the book does a good job of helping students learn the material. Our class did very well with the book.

Very good text book. Easy to follow and understand. Answers to odd questions are in the back of the book. Book has Self-Review Quizes throughout the book with answers at the end of the chapters.

Book was is great condition (binding, no torn pages, no markings) and I got it at an amazing price. I have already recommended this site to others and I will continue ordering here too! I am very, very satisfied.

Came in just as it was described. Book was in great condition and I am very happy with this purchase

There are exercises throughout the book that help explain all of the problems. The book makes it easy to understand the ery complicated formulas.

The business program at MDC College uses a different book but the professor uses this particular book to teach, so I decided to go with this book instead of the one approved by the department. It is an excellent tool to help you understand the formulas and the ins and outs of statistics. Ilustrates with different examples easy for the common reader. It also brings a CD with a tutorial on how to compute and solve statistical problems using excell with the add on mega stat. In overrall I love it and I highly recommend it to anyone taking an statistics class. It is a very difficult class but this book makes it a lot easier to understand. Be aware thought you still need to study hard !!
Good luck in statistics!!

Statistical Techniques has all the required information in a reasonable space for any statistics course, with plenty of practice questions and diagrams.

The book is good overall, but in some instances it does not provide clear clarification of equations. It completes the equations partially, but does not work it from beginning to end. This would make the exercises easier for the person who needs to see the problems worked visually.

Well, it's a stats book, so there's not much to say except I can't wait for the class to be over.

Amazon sold a NEW book and sent a used one. The highlighting and bent pages could have been dealt with however, the lipstick that sealed the disk into the holder was disgusting! The software was scratched and had already been used. If I had wanted a used book, I would have purchased one at 1/2 the price. VERY upset!